Melinda French Gates says the Gates Foundation’s commitment to spend its entire $ 200 million in global health by 2045 is “fantastic”: “The vast majority of resources had to return to society”

Good morning! Bumble makes new hires before hard earnings, Penny Pritzker dragged on Harvard-Trump’s drama and FortuneAlexa Mikhail talks to Melinda French Gates about Gigantic News of the Gates Foundation.

– Plan of 20 years. During the last months I have been working on the side Fortune Senior Editor of Greoff Colvin at Package of functions Towards the 25th anniversary of the Gates Foundation. We reported exclusively this morning that the Foundation, which spent $ 100 billion in its first 25 years Double their spending Up to $ 200 million in the next 20 years to combat the most fatal diseases in the world, reduce maternal and childhood death, and relieve poverty. Then the Foundation will pass its last dollar and closed the doors by 2045—A unprecedented movement in the world of philanthropy.

To understand the wide implications of this decision, Colvin and I interviewed both grades, along with more than 30 researchers, dealerships and external experts. I also visited the efforts funded by Gates in South Africa, presenting testimonials of programs on the field of municipalities outside Johannesburg and Cape City, who are investigating the causes of five million children who die before the fifth anniversary, provide the prevention of HIV to young adults and sign up for participants in a phase III rehearsal with what could be the first new vaccine vaccine in the world. years.

Melinda French Gates has played a key role in global health since the end of the century, when co -president and acted as co -president of the seeds Bill & Melinda Gates Foundation for more than two decades before lowering in 2024 after Bill Gates divorce.

“It’s a bit incredible to think about the advances that have been made,” French Gates told me in his offices in Kirkland, Wash., In February, as he reflected on the 25th anniversary of the Foundation. In his role, French Gates traveled around the world to discover the needs of children and families. Since then, he has defended the children’s vaccine from low and middle -income countries, spoken on the world stage on how family planning and contraceptives are the most important poverty reducers and received the philanthropic advice from Warren Buffett, which contributed a large part of his wealth to the foundation.

Now, on the outside, he said, “he said,” Fortune Supporting the Foundation’s $ 200 million mass announcement.

“I think this is a great decision,” he said, emphasizing that the plan was always that the “great majority of these resources had to return to society.” This commitment comes as Reports find Investments in Africa in the United States for Gender -Associated Funds fight as a result of President Trump’s rhetoric on Dei.

As for his current work, French Gates is more eager than ever to “set a schedule here in the United States”. Gates launched Pivotal Ventures in 2015 to focus on gender equality in the United States and there is all resources. She recently published a memorywhere he discussed this work and his divorce.

“I have seen the releases in this country and I know that only 2% of philanthropy is aimed at gender -working organizations,” he said. “This is the time to intervene … I can use all the tools in my toolbox easier and more easily.”

Last year, French Gates pledged to a million dollars to support organizations and people who raise gender equality and help women deepen their power. “I don’t know, there is something about being 60 years old. My mother says you have even more opinions, maybe because you have less time,” she said, laughing.

And what do you think most?

“I want this world to be better in the United States for my granddaughter than today. And right now, it has less rights than I had grown, and that should not be,” he said. “I am absolutely doing a grant of grants internationally, but most will be in the United States.”

In addition, French Gates has a message to the richest in the world about the need – and the moral imperative – to return.

“If you are a billionaire in the United States, you benefited from this country. You benefited from good roads. You probably have benefited somewhere in the healthcare sector path,” he said. “People elsewhere do not have these things, and yes, we owe something to society and there are many ways to do it.”

Read my full interview with Melinda French Gates here and read the full story about the Foundation of the Gates Foundation here.

Alexa Mikhail
Alexa.mikhail@fortune.com

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